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- AMC THEATRES. Owner: Dalian Wanda Group. Wanda, a real estate and entertainment conglomerate owned by China’s richest man, Wang Jianlin, made its first Hollywood splash in 2012 when the company paid $2.6 billion for AMC Entertainment, the parent of AMC Theatres, the second-largest theater chain in the U.S.
- Carmike Cinemas. Owner: Dalian Wanda Group. Wanda-owned AMC paid $1.2 billion to acquire Carmike Cinemas in a deal that just closed in November. The combined chain will be America’s largest theatrical exhibitor, passing former No. 1 Regal Entertainment.
- Legendary Entertainment. Owner: Dalian Wanda Group. Wanda paid $3.5 billion for the “Jurassic World” production company in January, even though Legendary lost $500 million last year, according to a Chinese regulatory filing.
- Dick Clark Productions. Owner: Dalian Wanda Group. Wanda spent $1 billion to acquire the producer of the Golden Globes, American Music Awards and “New Year’s Rockin’ Eve.”
Mar 15, 2021 · Dalian Wanda Group Co., the conglomerate founded by Chinese billionaire Wang Jianlin, has given up its majority control over AMC Entertainment Holdings Inc. after the world’s largest cinema...
Wanda Cultural Industry Group is one of China's cultural enterprises, which includes movie theaters as well as sports and film production assets, and contributed 28% or $10.85 billion to overall revenue. [9] Wanda Group ranks 28th on the 2020 China Top 500 Private Enterprises List. [10]
Mar 16, 2022 · In 2021, the Group exited AMC and capitalized on the Reddit fuelled rally. Since Wanda Group has exited AMC, it isn't a Chinese-owned company anymore.
1 day ago · Oct. 15, 2024 7 AM PT. Legendary’s deal, announced Monday, to buy out the remaining stake owned by Chinese conglomerate Dalian Wanda Group, marks the start of a new era for the Burbank-based ...
May 22, 2021 · AMC Entertainment Holdings Inc (NYSE: AMC) has announced that Chinese conglomerate Dalian Wanda Group Co. has sold off nearly all its shares in the U.S.-based theater company. What...
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Jan 12, 2016 · BEIJING (Reuters) - Chinese conglomerate Dalian Wanda Group has bought U.S. film studio Legendary Entertainment for about $3.5 billion, turning its chairman into a Hollywood movie mogul as...
